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Dollar Tree 1256 College Station rd

10,000 SF Retail Building Athens, GA 30605 $3,000,000 ($300/SF) 7% Cap Rate

Investment Highlights

  • Close Proximity to University of Georgia (40K Students)
  • Dense Residential Area
  • New Construction - Transferable Warranties

Executive Summary

Credit Worthy Tenant
- Lease signed with Dollar Tree, Inc
- Market Capitalization of ~$28B
- S&P Credit Rating of BBB
Accessible Location to Nearby Students
- Located at a signalized intersection off of College Station Rd (21K VPD)
- Direct access to Polo Club Athens Apartments, a 573 bed student housing community and Reserves at Athens, a 612 bed student housing community
Athens, GA MSA (College Town: Built-In Customer Base)
- Across the street from UGA Veterinary Teaching Hospital, a 24K SF teaching facility that has 119 full time students
- Approximately 10 minutes to University of Georgia, 40K total students and 7.7K full-time staff members
Located Near Major Retailers
- Over 576K SF of retail is located in a 1-mile radius
- Nearby national tenants include: Publix, Kroger, Chick-Fil-A, and Wendy’s
New Construction
- Newly built Dollar Tree with tenants new prototype
- Warranties will be assigned to new Owner
Dense Residential Area and Surrounded by Hundred of Apartments
- Over 1,600 apartments in a 1-mile radius
- Over 8.8K people live in a 1-mile radius

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,000 SF
Year Built
2024
Price
$3,000,000
Price Per SF
$300
Cap Rate
7%
NOI
$210,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
11.18 AC

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Dollar Tree
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Dollar Tree - - - -

Nearby Major Retailers

Beef 'O' Brady's
Publix
9Round
Waffle House
Starbucks
Kroger
Locos Grill & Pub
Synovus Bank
ALDI
Wells Fargo

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
182B-002
Land Assessment
$440,000
Improvements Assessment
$490,942
Total Assessment
$930,942
  • Listing ID: 32043672

  • Date on Market: 6/6/2024

  • Last Updated:

  • Address: 1256 College Station rd, Athens, GA 30605

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